Congress

Rep. Patrick McHenry (R-N.C.)
Congressmen McHenry, Thompson Call SEC Chair Gensler’s Remarks on Crypto ‘Concerning’
The two congressmen wrote that rather than potentially regulating innovation and job creation out of the U.S., lawmakers and regulators should “promote an active dialogue betw...
Rep. Patrick McHenry (R-N.C.)

The seal of the U.S. Treasury Department.
IRS, in Boon to Crypto, Will Reportedly Ignore How Bill Defines Broker; Bitcoin Rises
Citing an unnamed official, Bloomberg said Treasury won’t go after crypto firms that don’t meet the tax code’s definitions of a “broker.”
The seal of the U.S. Treasury Department.

Bitcoin 30% Away From April Peak; Is It Overbought?
Bitcoin 30% Away From April Peak; Is It Overbought?
Kimberly Grauer, Director of Research at blockchain data platform Chainalysis, discusses whether bitcoin is overbought as it pulls back from the latest rally, explaining why t...
Bitcoin 30% Away From April Peak; Is It Overbought?

Rep. Anna Eshoo (D-Calif.)
Pelosi Ally Asks US House Speaker to Modify Crypto Language in Infrastructure Bill
Rep. Anna Eshoo endorsed a compromise amendment intended to narrow the scope of the term "broker" for crypto tax reporting purposes.
Rep. Anna Eshoo (D-Calif.)

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By Taxing Crypto, the US Government Has Accepted It's Here to Stay
There's a silver lining in Congress' efforts to impose a tax on crypto transactions: The U.S. finally accepts crypto is part of the economy.
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SEC Chair Gary Gensler Wants Greater Authority and Resources to Regulate Crypto
SEC Chair Gary Gensler Wants Greater Authority and Resources to Regulate Crypto
In a letter to U.S. Senator Elizabeth Warren, Securities and Exchange Commission (SEC) Chairman Gary Gensler said Congress should grant the SEC greater authority and resources...
SEC Chair Gary Gensler Wants Greater Authority and Resources to Regulate Crypto

Senator Rob Portman (R-Ohio), author of a cryptocurrency tax reporting provision that has stoked intense backlash from privacy and free speech advocates. Portman has clarified before Congress that the measure is not intended to impact miners or other "non-brokers."
There’s Still Time to Fix Congress’s Crypto-Tax Mess
The Senate has failed to amend a provision that could cripple the U.S. cryptocurrency sector. But the game's not over yet.
Senator Rob Portman (R-Ohio), author of a cryptocurrency tax reporting provision that has stoked intense backlash from privacy and free speech advocates. Portman has clarified before Congress that the measure is not intended to impact miners or other "non-brokers."

SEC Chairman Gary Gensler
Gary Gensler’s Insane Crypto Policy
Gensler wants to follow in his predecessor's footsteps and treat the crypto industry as something to stifle rather than support.
SEC Chairman Gary Gensler

Sen. Mark Warner (D-Va.)
2 Senators Propose Exemptions to Crypto Tax Reporting Required by US Infrastructure Bill
The amendment is a compromise between two previously proposed amendments.
Sen. Mark Warner (D-Va.)

The Senate voted on its infrastructure bill on Sunday.
Senate's Infrastructure Bill: What to Expect on Saturday
A handful of lawmakers have expressed support for the Wyden/Toomey/Lummis amendment to the crypto provision.
The Senate voted on its infrastructure bill on Sunday.